Standard Chartered initiates LINK coverage with a $200 price target by end-2030, citing Chainlink's infrastructure role in tokenized finance.
RWA & Tokenization ·
Standard Chartered has initiated coverage of Chainlink's LINK token with a $200 price target by the end of 2030, positioning the blockchain oracle network as a critical infrastructure layer for the emerging tokenized-asset market. The bank's thesis centers on Chainlink's role in underpinning the infrastructure needed for widespread tokenization of real-world assets and decentralized finance.
The valuation reflects Standard Chartered's conviction that Chainlink will capture significant value as it "owns the rails" for tokenized finance—serving as a foundational connectivity and data layer. This framing suggests the bank views the network's oracle services and interoperability protocols as essential plumbing for a broader shift toward on-chain asset representation.
The outlook remains contingent on the pace and scale of tokenization adoption over the next six years. Key uncertainties include regulatory clarity around tokenized assets, competitive pressures from other oracle solutions, and whether the projected demand for cross-chain infrastructure materializes as Standard Chartered envisions.